President Donald Trump’s Department of Government Efficiency (DOGE) has just uncovered an eye-watering and unprecedented abuse of taxpayer funds.
The Elon Musk-led DOGE team has discovered an identification code linking U.S. Treasury payments to an “untraceable” budget line item.
The untraceable payment line accounts for a shocking $4.7 trillion in taxpayer funds that were funneled into a black hole, with no record of where the money went.
In a post on X, DOGE wrote:
“The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process).
“In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible.
“As of Saturday, this is now a required field, increasing insight into where money is actually going.”
DOGE thanked the U.S. Treasury for the department’s work in identifying the optional field.
According to the Bureau of the Fiscal Service, which is under the Treasury, TAS codes are used to describe any one of the account identification codes assigned by the Treasury.It is also referred to as the “account.”
All financial transactions made by the federal government are classified by TAS when reporting to the Treasury and the Office of Management and Budget (OMB).
The discovery was announced on the same day DOGE appeared to have populated the DOGE.gov Savings page.
As of Tuesday, the page said the total estimated savings since the establishment of the department total about $55 billion.
The savings are a combination of “fraud detection/deletion, contract/lease cancellations, contract/lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings.”
In a post on the site, DOGE wrote:
“We are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations.”
DOGE added that the data will be updated twice per week until eventually becoming real-time.
Musk is leading DOGE to aggressively slash government waste and fraudulent abuse of tax dollars.
The department was created by President Donald Trump via executive order.
DOGE is a temporary organization within the White House that will spend 18 months carrying out its mission.
The group has faced criticism from the Democrats over its investigations into federal systems, including the Treasury Department’s payment system.
The Left is also outraged over moves to cancel federal contracts and make cuts at various agencies.
Attorneys general from 14 states are suing to block DOGE from accessing federal data.
They are arguing that Musk and Trump’s administration have engaged in illegal executive overreach.
The newly formed cost-cutting agency scored a win on Friday, however.
A federal judge in Washington declined a request to temporarily block it from accessing sensitive data from the Departments of Labor, Health and Human Services and the Consumer Financial Protection Bureau.
https://slaynews.com/news/doge-uncovers-untraceable-payment-line-funneled-4-7-trillion-black-hole/
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